Roxana Rosu News Today

Dutch group Damen Shipyards, which owns 49% in Damen Shipyards Mangalia SA, has requested the bankruptcy of the shipyard amid accumulated debts, with the petition filed at the Constanta Tribunal.

Patria Credit IFN, a non-banking institution owned by Patria Bank Group, which funds farmers and farming micro-enterprises, in 2023 posted RON8.54 million net profit, up 44%.

Romania has the highest proportion of early leavers from education or training among EU countries, of 16.6%, against a European average of 9.5%, being also the state with the lowest weight of young people aged 25-34 with a university degree, of just 23%, in line with Eurostat data for 2023.

Romanians in the first four months of 2024 paid taxes worth over EUR250 million via SelfPay self-service payment terminals, for natural and legal persons, with 1.5 million deals of this type registered.

Garanti BBVA Romania has obtained a EUR10 million subordinated loan from The Black Sea Trade and Development Bank (BSTDB), with the funds set to be used inclusively to expand its local loan portfolio.

German-held retailer PENNY is opening the country's first fully autonomous store in the Politehnica area of Bucharest on Wednesday, where the shopping experience is entirely digital.

Renovation Solar, a major player in the field of solar energy and green tech in Romania, has completed the installation of 650 photovoltaic panels on buildings ANA Hotels (office building) and Crowne Plaza (hotel) of Bucharest, owned by businessman George Copos.

Private lending in Romania went up 5.8% to RON391 billion in April 2024 compared with April 2023, central bank data showed on Monday (May 27, 2024).

ING Bank Romania posted total revenue of RON877 million in the first quarter, up 11.2%, and net profit of RON347 million, 1% higher than in the year-ago period, the bank said on Monday.

Danone Romania in 2023 registered RON1.0 billion turnover, up 18%, and RON68.4 million profit, 6% above the 2022 level.